The First Minister told hundreds of delegates at the wind, wave and tidal industry’s conference that renewable energy offers a “massive economic opportunity for Scotland.”

He said it has “the potential to bring about the re-industrialisation of the Scottish coastline”.

Mr Salmond highlighted what he described as the “massive potential for Scotland’s wave and tidal industry – with more devices tested in Scotland than the rest of the world put together,” saying this would bring “huge benefits in terms of jobs and energy generation.”

He recognised the “need for sufficient certainty to invest in the future” and stated that “clarity can only be provided by Government creating the right kind of framework”, and that “the UK Government is absolutely committed to taking the long term view.”

Mr Hayes also said that “renewables matter in the energy mix”, and that it was important to “support a range of renewable technologies, particularly those at the cutting edge.”

Maf Smith, RenewableUK’s Deputy Chief Executive, said “the wind industry welcomes Mr Hayes’ long term commitment to developing renewable energy, and his reassurance that the UK Government will provide stability, certainty and clarity – these are exactly the outcomes the industry wants from the Energy Bill which will be published in November 2012.

Industry has been consistent with the UK Government about its need for clarity on the UK Government’s direction. Without this, much-needed investment will not materialise, which can only harm the UK’s economic recovery.”

“Mr Salmond’s vision of revitalised industries in Scotland, and his recognition of the potential of the wave and tidal sector, demonstrate again his commitment to renewable energy technologies.

“His announcement of a new interim target for electricity from renewable sources in Scotland shows enormous confidence in the sector,” he said.